The Barracuda acquisition may not have been threatening to ION per se, but it might have alerted them to the utility of acquisitions in the sector, and in particular in the connectivity and integration section of the market. VVDI MB Tool Power adapter work with VVDI MB for Quick Data Acquisition | Zdnet Thoma Bravo to Acquire ABC Financial Services, Inc. One of our values at Barracuda is to succeed together. Information regarding the identity of the potential participants, and their direct or indirect interests in the transaction, by security holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with SEC in connection with the transaction. We protect email, networks, data and applications with innovative solutions that grow and adapt with our customers' journey. We are very appreciative of Thoma Bravos support and very excited to be working with KKR on this next phase of Barracudas journey.. The definitive proxy statement, the preliminary proxy statement and other relevant materials in connection with the transaction (when they become available), and any other documents filed by the Company with the SEC, may be obtained free of charge at the SECs website (http://www.sec.gov) or at the Companys website (http://investor.Barracuda.com/) or by writing to the Companys Secretary at 3175 S. Winchester Blvd,Campbell CA95008. Article | Barracuda Networks Barracuda Closes Acquisition of SKOUT Cybersecurity The firm has offices in Chicago, Miami and San Francisco. This presentation contains certain forward-looking statements pertaining to KKR & Co. Inc. and its consolidated subsidiaries (collectively KKR), including certain investment funds, vehicles and accounts that are managed by KKR (each, a fund). Job ID: 23-831. CAMPBELL, Calif. Barracuda Networks, Inc. (NYSE: CUDA), a leading provider of cloud-enabled security and data protection solutions, today announced that it has entered into an agreement to be acquired by leading private equity investment firm Thoma Bravo, LLC. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. NEW YORK & SAN FRANCISCO, April 12, 2022--(BUSINESS WIRE)--KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKRs investment funds will purchase Barracuda Networks Inc. ("Barracuda" or "the Company"), a leading provider of cloud-first security solutions, from Thoma Bravo, a leading software investment firm. Protect patient data and avoid disruptions that could affect patient care. One change that will take place will be the introduction of KKRs broad-based employee ownership program, which is based on the belief that employee engagement is a key driver in building stronger companies. As you may have heard, Barracuda has acquired the Managed Workplace remote monitoring and management product line from Avast. Ensure compliance with safe learning regulations. Rumors about Barracuda being up for sale have hit MSSP Alerts email inbox multiple times in recent weeks. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements, including, but not limited to, statements regarding the potential timing and benefits of a transaction, the value and effectiveness of Barracuda's products, the introduction and timing of product enhancements or additional products, Barracuda's growth, expansion and market leadership and the expected completion and timing of the acquisition transaction and other information relating to the transaction, that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause the actual results to differ materially from those expressed or implied by such forward-looking statements. Subscribe to the daily e-mail newsletter from ChannelBuzz.ca and get the latest Canadian channel news delivered to your desktop every weekday morning. CAMPBELL, Calif., July 13, 2021 /PRNewswire/ -- Barracuda Networks, Inc. , a trusted partner and leading provider of cloud-enabled security solutions, today announced it has completed its. Actual results may differ materially from those projected in such statements due to various factors, including, but not limited to, (i) the risk that the transaction may not be consummated in a timely manner, if at all; (ii) the risk that the transaction may not be consummated and that, in certain circumstances, the Company may not be entitled to a termination fee; (iii) the risk that the definitive merger agreement may be terminated in circumstances that require the Company to pay a termination fee; (iv) risks related to the diversion of managements attention from the Companys ongoing business operations; (v) risks regarding the failure of the relevant Thoma Bravo affiliate to obtain the necessary financing to complete the transaction; (vi) the effect of the announcement of the transaction on the Companys business relationships (including, without limitation, customers and suppliers), operating results and business generally; and (vii) risks related to obtaining the requisite consents to the transaction, including, without limitation, the timing (including possible delays) and receipt of regulatory approvals from various domestic and foreign governmental entities (including any conditions, limitations or restrictions placed on these approvals) and the risk that one or more governmental entities may deny approval. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. 4 ways Barracuda's acquisition of SKOUT Cybersecurity will help MSPs Protect all your email, SharePoint, OneDrive, and Teams data with protection that goes far beyond what is built into Microsoft 365. 212-750-8300 Barracuda completes acquisition of SKOUT Cybersecurity Click Next to continue. Barracuda Networks, Barracuda, and the Barracuda Networks logo are registered trademarks of Barracuda Networks, Inc. in the US and other countries. We are all very aligned with the strategy we are heading into now, as opposed to the reset we did when we came in from private ownership.. You can also subscribe without commenting. This price exceeds Barracudas 52-week high and represents a premium of 22.5 percent to the Companys 10-day average stock price prior toNov. 27, 2017, of$22.49. In todays deal announcement, neither KKR nor Barracuda mentioned Barracudas long-established MSP partner strategy. Come Join Our Passionate Team! According to the statement released today, Broadway will use the acquisition to further expand its product suite. We believe every business deserves access to cloud-first, enterprise-grade security solutions that are easy to buy, deploy, and use. This strategy is based on the belief that employee engagement is a key driver in building stronger companies. Barracudas customer-centric business model focuses on delivering high-value, subscription-based IT solutions that provide end-to-end network and data protection. CAMPBELL, Calif., Feb. 12, 2018 /PRNewswire/ -- Thoma Bravo, LLC., a leading private equity investment firm, today announced that it has completed. We are seeking talented, motivated sales performers who thrive in quick sales cycle environment. Notify me of followup comments via e-mail. barracuda, any of about 20 species of predacious fishes of the family Sphyraenidae (order Perciformes). At Barracuda, we make the world a safer place. BARRACUDA ACQUISITIONCO, INC. in Wilmington, DE | Company Info - Bizapedia About Thoma Bravo, LLCThoma Bravo is a leading private equity investment firm building on a 30+ year history of providing equity and strategic support to experienced management teams and growing companies. At Barracuda we strive to make the world a safer place. Barracuda anticipates that subsequent events and developments will cause its views to change. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR Completes Acquisition of Barracuda from Thoma Bravo We are seeking talented, motivated sales performers who thrive in quick sales cycle environment; this fast-paced role is focused on growing our SMB customer base through the acquisition net-new . The firm invests in growth-oriented, innovative companies operating in the software and technology sectors. The firm currently manages a series of private equity and debt funds representing more than$17.0 billionof capital commitments. Learn how Barracuda can help. "We look forward to watching Barracudas continued success.". Get started in minutes. Barracuda is the digital marketing agency that can help you surface real value We're a London based digital marketing agency Based out of Waterloo in London, we're an independent digital marketing agency all about delivering value to our clients. 2003 - 2022 Barracuda Networks, Inc. All rights reserved. Or call us now at Select your mail server* Office 365 Microsoft Exchange Other SMTP Mail Server Email* Phone* First Name* Last Name* Company Name* Country* State/Province* Zip/Postal Code* 2016 - 20182 . But MSPs have been a top go-to-market channel for Barracuda since about 2016 or so. Supported by our Lead . Security business Barracuda Networks acquired for $1.6 billion PDF Press Releases Sheppard Mullin Advises SKOUT Cybersecurity in We see a tremendous opportunity for long-term growth as these businesses continue to invest more in cybersecurity and we look forward to helping Barracuda scale and deliver next generation products that meet this growing need., Over the course of Thoma Bravos four-year partnership, Barracuda has solidified its position as an industry leader in cloud-first cybersecurity software, said Seth Boro, a Managing Partner at Thoma Bravo.